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  • #601,481
  • Feb 29, 2012 3:56am Feb 29, 2012 3:56am
I've been saying I've been buying since 1.2645 and bought all day today but you still have to trade your plan.


Quoting mathprav
eurusd is going up since it rebounded from 1.29, from then onwards everyone recommending only short short, now it reached 1.345, still people telling short short....
  • #601,482
  • Feb 29, 2012 3:56am Feb 29, 2012 3:56am
Quoting mathprav
from last week, again everyone recommended only shorts, only to push the euro up... if majority have shorted then why euro not going down!!!
does it mean big boys have opposite thoughts....
I am wondering what will happen to people who have shorted, if euro goes to 1.5 like it did last year...
  • #601,483
  • Feb 29, 2012 3:59am Feb 29, 2012 3:59am
i also heard the news that its gonna more than 600 B,if its true market will reach at a level 1.32XX[

quote=spieler;5429123]i completely agree with what is said if LTRO is more than 600B .
QE not good for euro[/quote]
Originally Posted by dswk http://www.forexfactory.com/images/buttons/viewpost.gif
Just a input :

(extract from a comment on forexlive)

İf ltro less than 350 billion than euro might climb to 1,38 even upto 1,40’ies
İf ltro bween 400-600 billon than euro 1,36 max 1,37’ies
İf more than 650 and upto 1.000 than show must go on euro 1,27 even 1,25’ies
Watch out
follow the flow of music $
  • #601,484
  • Feb 29, 2012 3:59am Feb 29, 2012 3:59am
Who knows where market will go, today like any day some will lose and some will win. Trade your plan to be a winner.


Quoting mathprav
I am wondering what will happen to people who have shorted, if euro goes to 1.5 like it did last year...
  • #601,485
  • Feb 29, 2012 4:00am Feb 29, 2012 4:00am
Quoting spieler
i completely agree with what is said if LTRO is more than 600B .
QE not good for euro

Short term effect in any case will help tight interbank market easing lending.
It is good for banks, they may try push euro up.

Amount will tell if they want to push through or just drop the roof.

(Ah, my poetry works )
They think they are smarter than I am.
  • #601,486
  • Feb 29, 2012 4:00am Feb 29, 2012 4:00am
Quoting FXMastermind
Hm, monthly rollover + LTRO + BB, that might be a day to remember

However, I tell it everytime but there is still some kid to be found to be burned - Don´t trade the news, trade the outcome...
If you are new to Forex? Say Goodbye to your account!!
  • #601,487
  • Feb 29, 2012 4:02am Feb 29, 2012 4:02am
Quoting mathprav
from last week, again everyone recommended only shorts, only to push the euro up... if majority have shorted then why euro not going down!!!
does it mean big boys have opposite thoughts....
this is what i mean

also keep in mind, nobody can predict the future
Attached Image (click to enlarge)
Click to Enlarge Name: 10min.jpg Size: 159 KB
Daily Target: 20 pips
  • #601,488
  • Feb 29, 2012 4:02am Feb 29, 2012 4:02am
Banks have deposited so much cash in the ECB that I have to guess at something less than 300Bln. Anything over 400 would suprise me.
  • #601,489
  • Feb 29, 2012 4:03am Feb 29, 2012 4:03am
Current rate at day opening rate = Whole world have closed their new positions today and waiting for LTRO

The next spike up/down is going to be really really big!
  • #601,490
  • Feb 29, 2012 4:07am Feb 29, 2012 4:07am
i am taking all my chips off the table , i can't fight enemy i don't know

good luck
Mohan
  • #601,491
  • Feb 29, 2012 4:08am Feb 29, 2012 4:08am
+650b then S
<400 then L
?
  • #601,492
  • Feb 29, 2012 4:13am Feb 29, 2012 4:13am
Closed my short for 23 pips, now waiting
New voice message: Why are you calling me? If I need you, I'll call you!
  • #601,493
  • Feb 29, 2012 4:14am Feb 29, 2012 4:14am
Quoting mohan76
i am taking all my chips off the table , i can't fight enemy i don't know

good luck
good to know that you've made some pretty gains today. in this choppy and slow market. i am different.

first trade, -15 pips,
second = BE
third = Recovered - BE.

past 3 days results were horrible.
  • #601,494
  • Feb 29, 2012 4:21am Feb 29, 2012 4:21am
512 billion for LTRO says twitter
  • #601,495
  • Feb 29, 2012 4:22am Feb 29, 2012 4:22am
Quoting happytrader
good to know that you've made some pretty gains today. in this choppy and slow market. i am different.

first trade, -15 pips, <>
second = BE
third = Recovered - BE.

past 3 days results were horrible.
very slow market , i have pick trade @ tokyo open (first 1m),
pip wise good , trade size wise not even 1/10 of my normal trade

your cable sl was short , my one safely closed @ be


Edit : news delayed
Mohan
  • #601,496
  • Feb 29, 2012 4:23am Feb 29, 2012 4:23am
is there any pro technical trader in the forum or just the news driven traders who trade news?

technically speaking this pair must go up to 1.3520-47 to meet the techinicals before resuming its down trend.
if there are pro and experienced trader watching this they know that this pair is in major down trend and the rally form 1.2970 is actually a retrace, and i told you many times over that in retracment phase there are no pullbacks if u see the prices climbs from 1.2970 till 1.3485 with out a pull back its a classical retracement if u ppl know this, and when the price will fall they fall with rallies to the upside to give pro traders a chance to get short.
is there any pro trader out there who agrees with me???

__________________________
High risk, high reward: It takes balls of steel to play this game
  • #601,497
  • Feb 29, 2012 4:25am Feb 29, 2012 4:25am
530 BN

800 Bidders

Bad news
  • #601,498
  • Feb 29, 2012 4:26am Feb 29, 2012 4:26am
529 billion
Good trading luck to all of us
  • #601,499
  • Feb 29, 2012 4:26am Feb 29, 2012 4:26am
529B

Now waiting for who ask how much ,

edit : Some business with banking licence also applied for this loan so detail is very important
Mohan
  • #601,500
  • Feb 29, 2012 4:27am Feb 29, 2012 4:27am
Quoting turmaz
is there any pro technical trader in the forum or just the news driven traders who trade news?

technically speaking this pair must go up to 1.3520-47 to meet the techinicals before resuming its down trend.
if there are pro and experienced trader watching this they know that this pair is in major down trend and the rally form 1.2970 is actually a retrace, and i told you many times over that in retracment phase there are no pullbacks if u see the prices climbs from 1.2970 till 1.3485 with out a pull back its a classical retracement if u ppl know...
i'm not pro but what i can say is that with news like this... unless you've a REALLY HUGE SL, it's best you don't trade cos the SPIKE will kill long sl as well as short sl before moving in the right direction...
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